Archer-Daniels-Midland Stock (ADM) Stock: $74 Price Target From Argus

By Amit Chowdhry ● Jan 4, 2022
  • The shares of Archer-Daniels-Midland Co (NYSE: ADM) have received a price target of $72 from Argus. These are the details.

The shares of Archer-Daniels-Midland Co (NYSE: ADM) have received a price target of $72 from Argus. And Argus analyst Taylor Conrad increased the price target on Archer Daniels from $72 while maintaining a “Buy” rating on the shares.

Conrad noted that the shares have outperformed over the past 3 months, gaining 11% compared to an advance of 10% for the S&P 500 and 9% for the industry. And Conrad is expecting further growth in the Oilseeds business and improvement in the Origination and Nutrition divisions.

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